Apartments Near Illinois Institute of Technology

1 - 30 of 1,972 Results
24
$1,040 - 2,495
400 E 33Rd St Chicago, IL
Studio - 3 BR | Available Now
0.6 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
Disability Access
$1,225 - 1,815
555 E 33Rd Pl Chicago, IL
1 - 2 BR | Available Now
0.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Storage
Call for Pricing
401 E 32Nd St Chicago, IL
1 BR | Sep. 14, 2024
0.6 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
$1,995
3453-55 S Prairie Ave Chicago, IL
3 BR | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
8
$1,100
Chicago, IL
1 BR | Available Now
0.4 miles from center of campus
Contact
Armour Square
0
$1,450
Chicago, IL
2 BR | Available Now
0.5 miles from center of campus
Contact
Cat Friendly
Armour Square
34
$2,800
Chicago, IL
3 BR | Available Now
0.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Douglas
18
$1,500
3720 S. Dearborn Chicago, IL
2 BR | Ask for Availability
0.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
24
$770 - 1,726
500 E 33rd St Chicago, IL
Studio - 1 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
19
$972 - 2,684
500 East 33rd Street Chicago, IL
Studio - 3 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
$1,145 - 2,010
500 E 33Rd St Chicago, IL
Studio - 3 BR | Jul. 11, 2024
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
$1,099 - 2,050
501 E 32Nd St Chicago, IL
Studio - 2 BR | Jul. 5, 2024
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
25
$942 - 1,660
2701 South Indiana Ave Chicago, IL
Studio - 4 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Student
Section 8
Air Conditioning
$1,199 - 1,850
533 E 33Rd Pl Chicago, IL
1 - 2 BR | Jun. 8, 2024
0.7 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
5
$2,900 - 3,700
Chicago, IL
2 - 3 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
$1,045 - 1,630
3420 S Cottage Grove Ave Chicago, IL
Studio - 2 BR | Available Now
0.8 miles from center of campus
Contact
Air Conditioning
Douglas
7
$1,295
Chicago, IL
2 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Bridgeport
$1,645 - 1,840
3445 S Rhodes Ave Chicago, IL
2 BR | Jul. 14, 2024
0.8 miles from center of campus
Contact
Air Conditioning
Balcony/Deck/Patio
Douglas
$1,695 - 1,950
3440 S Cottage Grove Ave Chicago, IL
2 BR | Jul. 14, 2024
0.8 miles from center of campus
Contact
Balcony/Deck/Patio
Douglas
8
$1,800
Chicago, IL
3 BR | Available Now
0.8 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Bridgeport
25
$2,228
Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
25
$2,228
3423 S Cottage Grove Ave Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
9
$2,345
Chicago, IL
2 BR | Jun. 1, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
11
$1,250
Chicago, IL
1 BR | Jun. 1, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
Bridgeport
22
$2,230 - 2,235
Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
6
3D Tour
$2,230 - 2,345
606 - 637 E Woodland Park Ave Chicago, IL
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
19
$2,230 - 2,265
Chicago, IL
2 BR | Jun. 1, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
12
$2,245
Chicago, IL
2 BR | Jul. 1, 2024
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Douglas
35
$1,140 - 1,459
PER
ROOM
2401 S State St Chicago, IL
Studio | Available Now
1.0 miles from center of campus
Contact
Heat Included
Furnished
Air Conditioning
In Unit Laundry
Fitness Center
11
$1,700
Chicago, IL
3 BR | Available Now
1.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Bridgeport
1 - 30 of 1,972 Results
  1. Home
  2. Chicago
  3. Illinois Institute of Technology

Chicago:
May Rent Report

Welcome to the May 2024 Chicago Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Chicago rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago average rent prices in the chart below.

Monthly Rent Report

$2,350
$1,760
$1,180
$590
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Chicago Rent Prices Increase From April to May

Chicago rent prices increased over the last month. From April to May, the city experienced a 1.06% increase for the price of a one-bedroom apartment. The rent price for a Chicago one-bedroom apartments currently stands at $1,913.0.

When we take a look at the two-bedroom comparison from April to May, Chicago experienced a 1.31% increase for the price of a two-bedroom apartment. The rent price for a Chicago two-bedroom apartments currently stands at $2,251.0.

May Prices: Chicago vs. Surrounding Areas

Des Plaines, IL
Chicago, IL
Schaumburg, IL
Evanston, IL
Lombard, IL
Naperville, IL
Arlington Heights, IL
Oak Park, IL
$1,901
$1,893
$1,868
$1,822
$1,621
$1,437
$1,437
$1,265
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Chicago and Surrounding Areas

Rent prices have increased in Chicago over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 6 of the Chicago suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Oak Park, IL, Evanston, IL, Arlington Heights, IL, Lombard, IL, Schaumburg, IL, Des Plaines, IL .

  • Rent decreased in Naperville, IL.

  • 7 suburbs are currently priced lower than the city of Chicago.

May 2024 Pricing Trends: Chicago vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Chicago Rent Prices More Affordable Than Major Cities

Rent growth in Chicago over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago average rent prices appear to be relatively affordable for local residents.

The price for a Chicago one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chicago, IL $1,893.0 1.45% $2,222.0 1.74%
Naperville, IL $1,437.0 -0.35% $1,842.0 0.11%
Oak Park, IL $1,265.0 0.56% $1,757.0 -0.73%
Evanston, IL $1,822.0 1.50% $1,968.0 1.92%
Arlington Heights, IL $1,437.0 2.21% $1,875.0 0.11%
Lombard, IL $1,621.0 1.95% $1,975.0 1.86%
Schaumburg, IL $1,868.0 4.42% $2,407.0 6.88%
Des Plaines, IL $1,901.0 6.20% $2,166.0 5.45%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.